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Staying ahead of the news isn't always just about the latest tech advancements or industry moves.

Worried about systemic risk caused by naked access, industry participants push for concurrent monitoring of high-frequency trades.

I caught up with Harrell Smith, Head of Product Strategy for Portware yesterday. We chatted about the world of high frequency trading, of course, as well as what Portware is working on in the coming months. The company has a lot on its plate and according to Harrell, has experienced 40% growth this year despite the woes that most other technology and trading firms are experiencing. That growth is coming from smaller proprietary shops as well as larger sell side institutions. In fact, Harrell said Portware has recently signed on a European-based bulge bracket broker-dealer, which has helped to propel the firm's growth. He was not at liberty to disclose the firms name until the fall.